WASHINGTON—The CFPB needs to be more transparent when it comes to how it might use artificial intelligence (AI) and machine learning (ML) in its future supervision, according to a new letter from NAFCU to the Bureau.
Fresh Today
JACKSONVILLE, Fla. – Two Florida credit unions have announced plans to merge.
SPOKANE, Wash.–The GoWest Credit Union Association has kicked off its MAXX convention here with more than 1,000 people in attendance.
BASKING RIDGE, N.J.–Affinity FCU said it is expanding its services to the cannabis market after entering into a partnership with Green Check, a fintech that provides solutions in the space.
SAGINAW TOWNSHIP, Mich.–Dow Credit Union is reporting that after opening its first branch in Saginaw County, Mich., it experienced a cumulative $3.4 million in deposits in just one week, “dramatically outpacing already high expectations.”
NEWPORT NEWS, Va.–BayPort Credit Union has introduced to its members Get My Rate, which it described as a new loan technology that “enables local consumers to learn their potential loan rate pre-qualification for auto, credit card, or personal loans without affecting their credit score.”
SAN FRANCISCO–The Supreme Court has declined to review a trademark dispute between two credit unions following a lower court ruling that a failed infringement claim rendered a trademark cancellation irrelevant.
LONDON— A new agreement between Mastercard and a bank offers insights into the kinds of open banking relationships that are likely to become commonplace in the U.S. in the future.
PURCHASE, N.Y.—A new credit card is being marketed to XBox players.
NEW YORK–That Americans continue to get scammed online is no surprise. But the Americans who are most likely to get scammed is: Generation Z.
